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This paper presents an analysis of bureaucratic corruption, income inequality and economic development. The analysis is … model predicts a positive relationship between corruption and inequality, and a negative relationship between corruption and … redistributive programme of taxes and subsidies designed to benefit the poor. Corruption is reflected in bribery and tax evasion as …
Persistent link: https://www.econbiz.de/10010295968
We explore the impact of non-collusive corruption on the wealth distribution. We show that the distributional … consequences depend crucially on the degree of capital market imperfections. With perfect capital markets, corruption does not … them even wins. Finally, we provide cross-country evidence showing that a high level of corruption and a polarization of …
Persistent link: https://www.econbiz.de/10005022131
the incidences of corruption at different stages of development or in other words the non-linearities in the relationship … between corruption and development. We employ formal threshold model developed by Hansen (2000), and unlike the existing …Using different combinations of culture, development and openness to international trade, we test the variability in …
Persistent link: https://www.econbiz.de/10014060741
The relationship between corruption and economic development is characterised by three stylised facts: (i) a strong … negative correlation between corruption and development (ii) countries can remain trapped in high corruption-low development or … low corruption-high development equilibria (iii) amongst intermediate levels of development corruption levels are more …
Persistent link: https://www.econbiz.de/10014063477
This paper presents an analysis of the joint determination of bureaucratic corruption and economic development. The … collect taxes from households. Corruption is reflected in bribery and tax evasion as bureaucrats conspire with households to … of the number of other bureaucrats who accept bribes. We establish the existence of multiple of development regimes …
Persistent link: https://www.econbiz.de/10014063599
We explore the impact of non-collusive corruption on factor rewards and on the wealth distribution. We show that the … distributional consequences depend crucially on the degree of capital market imperfections. With perfect capital markets, corruption … very limited. In the empirical section, we provide cross-country evidence showing that a high level of corruption and a …
Persistent link: https://www.econbiz.de/10014089788
) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is closed; (2) the … incidence of corruption may, itself, be affected by both the development and openness of the economy; (3) financial …We study the eþect of international financial integration on economic development when the quality of governance may be …
Persistent link: https://www.econbiz.de/10010273899
In this paper we report international evidence on the relationship between corruption and several development … indicators such as economic stability, quality in educational expenditures, fiscal income, inequality, investment and economic … growth. We first show how this relationship is negative by presenting simple unconditional correlations between corruption …
Persistent link: https://www.econbiz.de/10005694894
follows: (1) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is … closed; (2) the incidence of corruption may, itself, be affected by both the development and openness of the economy; (3 …We study the effect of international financial integration on economic development when the quality of governance may …
Persistent link: https://www.econbiz.de/10010295995
may be summarized as follows: (1) corruption impedes economic development and compromises the effectiveness of aid … programmers; (2) the incidence of corruption may, itself, be affected by both the development process and the donation of aid; (3 …We present an analysis of the effects of foreign aid on economic development when the quality of governance may be …
Persistent link: https://www.econbiz.de/10010326933